logo
Skip Navigation Links

PrimeWest Energy Trust Announces Distribution Level for April 2005


    CALGARY, ALBERTA--(CCNMatthews - March 3, 2005) - PrimeWest Energy Trust 
(TSX:PWI.UN) (TSX:PWX) (TSX:PWI.DB.A) (TSX:PWI.DB.B) (NYSE:PWI) 
(PrimeWest) today announces that the distribution payable April 15, 2005 
will be $0.30 Canadian per Trust Unit. The Ex-distribution Date will be 
Friday, March 18, 2005. The Record Date is Tuesday, March 22, 2005.

Using a US dollar to Canadian dollar exchange ratio of 1.2439, this 
distribution amount would be approximately US$0.24 per unit. The actual 
US dollar equivalent distribution will be based upon the actual 
US/Canadian exchange rate applied on the payment date net of applicable 
Canadian withholding taxes. 

PrimeWest is a Calgary-based conventional oil and gas royalty trust that 
actively acquires, develops, produces, and sells natural gas, crude oil, 
and natural gas liquids for the generation of monthly cash distributions 
to unitholders. Trust units of PrimeWest are traded on the Toronto Stock 
Exchange (TSX) under the symbol "PWI.UN" and on the New York Stock 
Exchange under the symbol "PWI". Exchangeable shares of PrimeWest Energy 
Inc. are listed on the TSX under the symbol "PWX". Five-year convertible 
debentures of PrimeWest trade on the TSX under the symbol "PWI.DB.A" and 
the seven-year convertible debentures trade under the symbol "PWI.DB.B".

Learn more about PrimeWest on our Web site, www.primewestenergy.com.

-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
PrimeWest Energy Trust
George Kesteven
Manager, Investor Relations
(403) 699-7367 or Toll-free: 1-877-968-7878

or

PrimeWest Energy Trust
Diane Zuber
Investor Relations Advis
or

(403) 699-7356
Email: investor@primewestenergy.com
Website: www.primewestenergy.com
 


Information provided by TAQA North and other sources on our Web Site is believed to be accurate and reliable when placed on this Site, but we cannot guarantee it is accurate or complete or current at all times. Information on this Site is for information purposes only and is not intended to provide financial, legal, accounting or tax advice and should not be relied upon in that regard. The TAQA North Web Site contains links to third party Web Sites and TAQA North is not responsible for the accuracy or reliability of any information, data, opinions, advice or statements made on these Sites.

Copyright © 2008 TAQA North. All rights reserved.